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Grayscale leads $113.3M outflow in spot Ethereum ETFs on day 2
Grayscale leads $113.3M outflow in spot Ethereum ETFs on day 2

Share link:In this post: Investors pulled out $113.3 million from U.S. spot Ethereum ETFs on their second trading day, with Grayscale’s ETF losing over $800 million. Despite some ETFs staying in the green, Ethereum’s price dropped 1.8%, reflecting shaky investor confidence. Ethereum ETFs lagged behind Bitcoin ETFs in attracting investor interest, capturing only 16% of Bitcoin ETF’s first-day net flows.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any i

Cryptopolitan·2024/07/25 07:58
Markets brace for volatility as VIX rises to highest level since April
Markets brace for volatility as VIX rises to highest level since April

Analysts are looking ahead to August, a historically volatile month made more interesting this year by the US presidential election

Blockworks·2024/07/25 06:49
Flash
  • 07:08
    Voltage Finance Exploiter Transfers $182,000 in ETH to Tornado Cash
    In 2022, a hacker involved in exploiting a $4.67 million vulnerability in the decentralized finance lending protocol Voltage Finance transferred some of the stolen Ethereum to Tornado Cash after a brief dormancy. Blockchain security firm CertiK posted on X on May 6, stating that 100 Ethereum, valued at $182,783 at current prices, were transferred from different addresses initially used for the exploit but could be traced back to the hacker. In March 2022, the exploiter took advantage of a "built-in callback function" in the ERC677 token standard, allowing them to drain the platform's lending pool through a reentrancy attack.
  • 07:08
    Solayer to Unlock Tokens for Season 2 on May 16, 100% for Ecosystem Incentives and Growth
    According to ChainCatcher, the Solayer Foundation announced that on May 16, the next round of community tokens will be unlocked, all of which will be used for second season incentives, early users, InfiniSVM developers, and ecosystem development, including the launch of native products and product growth plans. The foundation stated that it will gradually announce token distribution details and new product release plans in May.
  • 07:08
    Strategist: The Dollar Still Has Some Room for Recovery
    ChainCatcher reports that ING's foreign exchange strategist Francesco Pesole stated, "The dollar still has some room for recovery as the Trump administration signals that their policy focus is shifting from threats and announcing large-scale tariffs to trade agreement negotiations."
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